Serenity Alternative Investments Blog - Self-Storage REITS: Heads I win, Tails You Lose
The self-storage REITs have returned 30% in 2019, riding a wave of multiple expansion driven by a flight to safety within REITs and the broader market. While self-storage is a great business and the self-storage REITs are well run companies, as with any investment valuations sometimes get detached from reality. With fundamentals that continue to be un-inspiring, we are skeptical that the self-storage REIT